KLP Kapitalforvaltning AS Makes New $1.80 Million Investment in ACI Worldwide, Inc. (NASDAQ:ACIW)

KLP Kapitalforvaltning AS acquired a new position in ACI Worldwide, Inc. (NASDAQ:ACIW) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 34,700 shares of the technology company’s stock, valued at approximately $1,801,000.

A number of other large investors have also recently made changes to their positions in the stock. Blue Trust Inc. boosted its stake in shares of ACI Worldwide by 104.9% in the fourth quarter. Blue Trust Inc. now owns 582 shares of the technology company’s stock worth $30,000 after acquiring an additional 298 shares during the period. Farther Finance Advisors LLC grew its holdings in ACI Worldwide by 278.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,899 shares of the technology company’s stock valued at $99,000 after buying an additional 1,397 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of ACI Worldwide by 24.0% in the fourth quarter. GAMMA Investing LLC now owns 2,624 shares of the technology company’s stock worth $136,000 after buying an additional 508 shares in the last quarter. Tocqueville Asset Management L.P. bought a new position in shares of ACI Worldwide during the fourth quarter worth $201,000. Finally, Point72 Asset Management L.P. bought a new stake in ACI Worldwide in the 3rd quarter valued at $204,000. 94.74% of the stock is owned by hedge funds and other institutional investors.

ACI Worldwide Price Performance

Shares of ACI Worldwide stock opened at $55.17 on Friday. The firm has a market cap of $5.81 billion, a PE ratio of 26.15 and a beta of 1.13. The stock has a 50 day moving average of $53.12 and a 200 day moving average of $52.66. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. ACI Worldwide, Inc. has a 12 month low of $31.19 and a 12 month high of $59.71.

Insider Transactions at ACI Worldwide

In other ACI Worldwide news, Director Charles E. Peters, Jr. sold 12,940 shares of ACI Worldwide stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $57.57, for a total value of $744,955.80. Following the completion of the transaction, the director now directly owns 80,842 shares of the company’s stock, valued at $4,654,073.94. This trade represents a 13.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 1.00% of the company’s stock.

ACI Worldwide Company Profile

ACI Worldwide, Inc, a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating digital payments in the United States and internationally. The company operates in three segments: Banks, Merchants, and Billers. The company offers ACI Acquiring, a solution to process credit, debit, and prepaid card transactions, deliver digital innovation, and fraud prevention; ACI Issuing, a digital payment issuing solution for new payment offering; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments.